Cadjpy Both Sides Trading Opportunity

FX:CADJPY   Canadian Dollar / Japanese Yen
105 4 6
Conditions 1 : (Chances Are High)
If It Breaks Below Lower Trend line then go for take profits@ 86.500

Condition 2 : (Chances Are Less)

If it breaks above trend line and has a candle close above upper trend line then buy for take profits@ $91

Major Reasons To Go Short:

1- Candle Closing Allows Trend To Change To Downside

2- Upper Divergence

3-Triangle Breakout

4-Triangle Breakout And Closed Candle Confirmation

5-Moving Average Shows Red Signs To Go Short

6-High Volume Due To Compression

7-Moving Averages Far Away Creates An Bearish Volume

8-Vertical Support Broke which indicates Sell Pressure

9-Major Banks Are Willing To Sell on candle close Below Lower Trend line
nice one
Welcome back. We missed your analysis.
Had came from institution and was free sitting on sofa so I thought why not give out hottest trade to others.
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